Starting the buying step in 15 minutes can break the density upwards
It seems that the upward step has started in the one-hour time frame, and the price is placed on the 100 average in the 45-minute time frame, which has been supported many times.
Because it has corrected 50%, it can grow up to the level of 200 fibo.
See the strength of the 400 and 500 moving averages in the 30-minute frame
with today's news there is a possibility of breaking the resistances The power of the upward trend line of the linear chart cannot be underestimated Today and maybe tomorrow we are witnessing a war in every sense
The intersection of the EMA of 100 and 200 in the 2-hour time frame can create a stable trend and it seems that this downward trend will remain stable now.
If we assume that the market is bearish, this is an ideal opportunity to sell. Usually 500 average in 15 minutes time frame can be the end of deep corrections. But if the market is bullish, this resistance will be rejected. Be profitable
The price is going down with a lot of strength and now it has hit an important moving average and put a brake on it. It will be clear on Monday whether this important average will be broken or not. It seems that if he wants to pass, he will break this resistance with a sharp movement.
In the long-term scale , the chart has turned from the bottom of the blue channel to the top, and it can be the top of this hypothetical target channel. But in the short term scale has returned from near the downward trend line and can test the bottom of this blue channel again and even break it. Both things can happen. In terms of time steps, the time of the...
The trend is downward and the one-hour downward step can start from here. The price is close to the resistance of the trend line.
The one-hour upward step starts now and we expect good growth from this step
Stochastic is oversold and we should wait for an upward movement
The price is above the average of 500 in the 30-minute time frame, and also the floor of the hypothetical channel, if this floor does not break, it can return to the upward path.
Line chart trend line and line chart resistance level in weekly time frame
In the 6-month chart, in terms of time cycles, it seems that we are in an upward step. Also, we are currently in a descending channel and we expect this powerful channel to break upwards. Please share your opinion on this matter with me. Please leave a comment.
The average of 100 in 30 minutes can stop the further decline
Due to the 50% correction, the target can be Fibo 200, which falls on the average of 400 1.079
Hitting the moving average and the possible start of a big price drop